What are the chances of buying a car with a kind of bad credit?
I am looking to fincance a car, but i really dont have good credit. I have neve financed a car. I dont have anyone that could co-sign with me at all. What are some of the thing they look for? I am planning to put down 1000-1200. What type of interest rate would I expect with bad credit? How long do you have to be on a job? Because i know someone who ws on a job for like a month and got a car financed..and their previous car was reposessed.
By: Know what I mean?
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By: Know what I mean?
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March 3rd, 2009 at 11:08 am
yes but high interest
March 6th, 2009 at 5:50 am
U kunt altijd een auto, maar het ergste van de krediet - de meer aanbetaling. Als uw krediet is super slecht, $ 1-2000 misschien niet genoeg.
March 7th, 2009 at 1:23 pm
hay un montón de gente dispuesta a financiar una persona con mal crédito, siempre y cuando estén dispuestos a pagar los elevados intereses. el hecho de que usted es capaz de poner una gran cantidad en mi ayuda para conseguirle un mejor trato. en mi área de personas con mal crédito pueden obtener préstamos de vehículos con cerca de un 25% de tasa de interés. la mayoría de los lugares i saber esperar al menos 6 meses en un puesto de trabajo 2 años o más es mejor. También se tienen en cuenta cuánto tiempo has estado en tu lugar de residencia una vez más que esperan por lo menos 6 meses con 2 años es mucho mejor. aquí hay un par de sitios web a los que ayudaron a las personas que conozco.
March 10th, 2009 at 1:51 pm
no i don’t know what you mean there is no such thing as kind of bad credit. It is either good or bad. With bad you can expect to pay a much higher interest rate or get gouged at a buy here pay here. Buy here pay here lots recover the cost of the car with the dowwn payment. If you make payments its good and can improve your credit score. If you don’t make the payments they reposess the car and sell it again. They have a total win win buisness.
March 11th, 2009 at 7:28 pm
Co masz na myśli przez złych kredytów. Jeżeli jest poniżej 600 ratingowych, będziesz najprawdopodobniej odrzucone każdej pożyczki ponad 10k. Plus swoje zaliczki jest bardzo dużo zwłaszcza jeśli masz zły kredytowej gości. Z tego crappy zaliczki i kredyty, może znajdziesz finansowane 6k. Ale, o złych kredytów, swoje oprocentowanie będzie między 18% -24%. Więc będę pracować na coraz może ktoś cosign lub zapisać więcej pieniędzy na downpayment. Nowy samochód jest nierealne i nic ponad 10k jest nierealne. Jeśli chodzi o to, co wygląda na pierwszy to Twój kredyt gości, a następnie, jak wiele można dokonać dochodów, jeśli kredyt iffy mogą one również zażądać dowodu dochodów like your płac, aby sprawdzić, czy można płacić. Ponadto, jak już mówiłem, oni chcą więcej dół.
March 12th, 2009 at 9:43 am
Yes you can get a car loan with bad credit as a mater of fact that is a good way to help improve your credit score.
You will get a high interest rate though so I suggest getting a relatively cheap car and a short term loan but be sure that you will be able to make the payments and put as much money as you can down to make the payments smaller also go for a reliable car you don’t want to have to pay for repairs wile making payments.
If its new check the reports on the model don’t go by what brand you think is best because they all make lemons go with a model that’s been around awhile so they have all the bugs worked out of it.
If you are going used have a independent mechanic check it out for you.
With poor credit you may not be able to get the car you like right away, you need to think about what is practical for right now. Maybe in the future you will have good credit so you can get a low interest loan for a better car.
March 12th, 2009 at 2:05 pm
If you are unsure about your credit rating, don’t go into a dealership doubting your credit. Go into a dealership like you have a credit rating of gold. Let them do the research on your credit. Let them tell you if it is good or bad. If you let them know you are unsure, they may take advantage of that and give you a higher rate of interest. Let the dealership tell you and then work out the details of a loan.